One of India’s biggest venture capital firms is turning more cautious in its investment strategy, alarmed by crises

KSI and Logan Paul have hit back at reports that Canada is banning Prime due to health concerns. Canadian health officials reportedly said the popular energy drinks should be "recalled" with claims it contained too much caffeine. However, the two YouTubers have since stated it was never sold even in Canada, to begin with. "We’ve never even released PRIME Energy in Canada, lmao," KSI wrote on Twitter on Thursday (13 July), which was shortly followed by a response from Paul. Paul, who recently got engaged to Nina Agdal in Lake Como, shared a video online, where he slammed reports for "misinformation." "The crazy part about that is, we don’t even distribute Prime Energy in Canada!" Paul told followers. "So, how could it be recalled? The answer is: Illegal or unauthorised imports of the beverage." Sign up for our free Indy100 weekly newsletter He continued: "But of course, traditional media doesn’t care about that, because they just want a headline. They want clicks. The level of misinformation currently being spread around prime is actually insane." Prime officials said in a statement earlier this week: "Our top priority is consumer safety, so we welcome discussions with the FDA or any other organisation regarding suggested industry changes they feel are necessary in order to protect consumers." Prime has been proving incredibly popular since its 2022 launch, with the drink flying off the shelves and being re-sold at extortionate prices. Earlier this year, the two founders candidly opened up about the amount of money they've made from the drink. "In year one we cleared $250 million in retail sales and $110 million gross internally", Paul told the Kyle and Jackie O Show. "In January of this year we did $45 million", he added. Mind. Blown. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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Arsenal are hoping to announce Bukayo Saka’s new contract before the end of the Premier League season. The England forward has been in talks with the club since last year but is committed to signing a new deal, which could now be sewn up before the summer break. Saka, 21, has played a pivotal role in the Gunners’ title challenge this season and is the only Premier League player to reach double figures for goals and assists. He has hit 13 goals and laid on 11 assists to help Mikel Arteta’s side to second place and remain in the title hunt heading into the final weeks of the campaign. Saka has missed just an hour of league football this season and also hit three goals at the World Cup as England made it to the quarter-finals in Qatar. Talks with Arsenal over fresh terms have stretched back to last summer, with Saka saying in August he “shared confidence” with Arteta that he would extend his deal at the Emirates Stadium. The PA news agency understands an agreement has all-but been reached for a new contract for the academy graduate, whose last deal was signed in the summer of 2020 and expires next year. It is believed promotional footage to be released alongside the announcement has already been completed and it is a matter or working through the finer details before the deal is finalised. While Saka is close to committing his long-term future to Arsenal, Granit Xhaka could be on the move this summer. It is understood the club would be willing to let the Switzerland captain, whose deal also expires in 2024, move on if they receive an offer they deem acceptable. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

Barcelona have confirmed that head coach Xavi has signed a new contract running until 2025.

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